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Trillion Dollar Coins?


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Fidei Defensor
Excellent.  So we all agree that it's time to move beyond capitalism.  

 

I'll call up the car. Where we goin'?

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There should be no federal reserve! - Ron Paul's greatest words.

 

I agree.  But for very different reasons.  But given the current economic system that we have the Fed is an important part of slightly mitigating the brutality of capitalism.  

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PhuturePriest
I agree.  But for very different reasons.  But given the current economic system that we have the Fed is an important part of slightly mitigating the brutality of capitalism.  

 

My reasons are the Federal Reserve has the full power to bring us into an economic meltdown if they choose to keep printing money (Which they are. Billions more each month, and with QE4 it's going to get worse). A private institution has no right to bankrupt a country because they are so mentally handicapped they can't figure out inflation = bad.

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My reasons are the Federal Reserve has the full power to bring us into an economic meltdown if they choose to keep printing money (Which they are. Billions more each month, and with QE4 it's going to get worse). A private institution has no right to bankrupt a country because they are so mentally handicapped they can't figure out inflation = bad.

 

Inflation is nearly 0 in the US and low to moderate inflation is generally good for low to middle income people.  Inflation is bad for bondholders.  

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North Korea.

 

Right.  Because are two choices are a political system designed in the 18th century an economic system from the 19th century or North Korea. 

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Fidei Defensor
Italy is cool.  Until you realize that it is full of Italians

 

Believe me, I came upon that realization quite quickly when I was there :P

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Went to Rome the summer before last. Upon exiting the airport, one of the very first people I see is just the most stereotypical fat Italian man I will ever see.

Maybe five and a half feet tall, but very round. Shirt unbuttoned about halfway, hairy chest, big gold chain. Pretty large bald spot on the top of his head, designer sunglasses, lots of gold rings. I think he had a moustache too.

Pretty much the coolest guy I've ever seen.

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Right.  Because are two choices are a political system designed in the 18th century an economic system from the 19th century or North Korea. 

 

Socialism ain't the answer, kid.

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